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Canva wants you to pay a lot more for its AI features

Canva is significantly raising prices for some Teams subscribers, with a 300% increase, but offers a 40% discount for the first year.

MAIN POINTS
  1. Canva Teams subscribers on old plans face a 300% price hike.
  2. The five-person plan price rises from $119.99 to $500 annually.
  3. A 40% discount applies for the first 12 months before the increase.
TAKEAWAYS
  1. Significant price increases can impact customer retention and satisfaction.
  2. Offering initial discounts may ease the transition to higher prices.
  3. Customers on older plans should review the new pricing and adjust budgets.
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